If you are a residential landlord or you are contemplating becoming one, you should have a look at some of the rules. The Residential Tenancies Act came into force in January 2007, …
Small Apartment Complexes
A number of clients will ask about small multi-unit apartments. Are they good investments? Do they make sense? What’s the cash flow? How do you manage tenants? And, more importantly, …
Negotiate it in the Offer!
Leases That’s simple enough advice. It’s easy to follow. And, no one gets hurt. So, what’s the problem? No one wants to do it. It’s too costly, it’s too time …
Basement Apartments: A Tale of Two Cities
There is $25,000 available for basement apartments in two different cities. In Calgary, it’s in the form of a grant, and in Brampton, it’s in the form of a fine. So, whether the municipality pays you, …
Getting Rid of the Tenants for the Sale
This is not going to be the easiest thing to do, but it can be done. Sometimes, tenants are simply a liability. They are rude and objectionable and nobody wants …
Be Cautious if You are a Residential Landlord!
If you are a residential landlord or you are contemplating becoming one, you should have a look at some of the new rules. The Residential Tenancies Act came into force …
Air B&B and Cottage Rentals Exempt from Residential Tenancies Act
Air B&B and Cottage Rentals You don’t want to rent out your basement or your cottage using AirB&B only to find that the person says that they are now Tenants …
Purchaser Moving into Tenanted Property
With all the issues related to eviction, occupation and vacant possession, consider this clause: “The Buyer agrees that they or their immediate family intend(s) to move into the property on …
Water Softener No Contract
Question: My client, the Owner just found out the Tenant has permitted a water softener to be installed upon the premises and has agreed to make the necessary arrangements to …
Tenant Slips – Insurance Implications
Ontario Question: Tenant slips and breaks the toilet by falling onto it. Water floods the place. She doesn’t know how to turn the water off. Whose insurance – ultimately who …